CLEVELAND – U.S. home prices fell for a third straight month. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. In Cleveland, average home prices were below their January 2000… Read more ›
In the Spring, 2010, HUD and the Cuyahoga County Land Reutilization Corporation, commonly known as the Cuyahoga Land Bank, forged a nationally groundbreaking agreement whereby HUD would transfer low-value, vacant and abandoned properties to the Cuyahoga Land Bank for $100. … Read more ›
SOUTH EUCLID — Mayor Georgine Welo was elected to a two-year term as president of the Cuyahoga County Mayors and Managers Association. The association represents 56 county communities, including Cleveland. It serves to promote discussion, study and take action on… Read more ›
Uri Gofman, 39, of Beachwood: Sentencing Wednesday by Judge Daniel Gaul in one of the largest mortgage fraud cases in the country. He had family, friends and others invest in his real estate company, Real Asset Fund, then bought houses… Read more ›
A dozen new county-wide land banks are up and running in Ohio. They are to help deal with a problem growing to crisis proportions in the state’s urban areas. Tim Rudell has more on the expanding effort to do something positive with… Read more ›
Former County Treasurer Jim Rokakis, who prophesied Ohio’s foreclosure crisis as early as 2000 and was a prime mover behind Ohio’s land banking law and the Cuyahoga Land Bank, is now working with the newly formed Thriving Communities Institute to… Read more ›
I read with interest a Jan. 13 PolitiFact Ohio analysis that critiqued comments made by Rep. Marcia Fudge on the floor of Congress relative to the foreclosure crisis and its effect on property vacancies. The distinction between the data analyzed… Read more ›
Going to church should be an uplifting experience. Worshiping next door to a condemned property, however, tends to dampen the spirit. That was what the congregation faced when they attended services at St. Colman’s in the Detroit Shoreway neighborhood. The… Read more ›
Often a demolition is more than a demolition-it can be the catalyst for saving a neighborhood. That was the thinking behind the Nuisance Abatement Agreement between the City of University Heights and the Cuyahoga County Land Reutilization Corporation, commonly known… Read more ›
SOUTH EUCLID — The city has obtained yet another home from the county’s land bank and has plans to rehabilitate and re-sell the home. It is just one project upon which the city’s housing department will work during the first… Read more ›
Cleveland Heights owns several vacant, residential lots around the city. And that number is only going to grow as more homes destroyed in the foreclosure crisis are bought by the city through various grants and are demolished. In order to… Read more ›
The Cuyahoga County Land Bank has partnered with the International Services Center (ISC) in order to provide housing for refugees settling in Northeast Ohio, starting with a home in Lakewood. “We really saw this as the perfect partnership,” said Gus… Read more ›
LORAIN — Lorain and Elyria’s new mayors hope a land bank program can counter foreclosures and vacant properties. Meanwhile, a foundation grant will pay for Erie County to start a similar program. The program has taken root in Ohio’s urban… Read more ›
Ohio has more than 70,000 vacant and abandoned houses, and its cities don’t have the money to raze even the worst ones that pull down property values and attract criminals and squatters. So some leaders are going to the Statehouse… Read more ›
The Cuyahoga County Land Bank has partnered with the International Services Center (ISC) in order to provide housing for refugees settling in Northeast Ohio, starting with a home in Lakewood. “We really saw this as the perfect partnership,” said Gus… Read more ›
By the end of the year, Hamilton County and the Port of Greater Cincinnati Development Authority will likely be working together to help redevelop blighted and abandoned residential properties. The county has created a land bank, the Hamilton County Land… Read more ›
CINCINNATI, OH (FOX19) – The Hamilton County Board of Commissioner held it’s first Board of Directors meeting for the newly formed Land Bank Monday afternoon. The board voted commission President Greg Hartmann the chair of the Land Re-utilization Corporation. “If… Read more ›
In the Spring, 2010, HUD and the Cuyahoga County Land Reutilization Corporation, commonly known as the Cuyahoga Land Bank, forged a nationally groundbreaking agreement whereby HUD would transfer low-value, vacant and abandoned properties to the Cuyahoga Land Bank for $100.… Read more ›
Now that state auditors have flagged fiscal trouble ahead, East Cleveland’s warring politicians must start acting like leaders instead of litigants. The petty personal politics between Mayor Gary Norton and City Council President Joy Jordan must stop and serious collaboration… Read more ›
LAKEWOOD, Ohio – Jill and Leon Gefert love their Lakewood neighborhood, for quite some time they were renting a unit, waiting for the right home to come along. Two years ago a home right next-door became available when its owner… Read more ›
During Spring, 2010, HUD and the Cuyahoga County Land Reutilization Corporation, commonly known as the Cuyahoga Land Bank, forged a nationally groundbreaking agreement whereby HUD would transfer low-value, vacant and abandoned properties to the Cuyahoga Land Bank for $100. HUD ended… Read more ›
CLEVELAND, Jan. 3 — The office of Sen. Sherrod Brown, D-Ohio, has issued the following news release: After a bureau of the U.S. Treasury Department released new guidelines that amount to a free pass for banks to abandon foreclosed homes–fostering… Read more ›
